I heard about a guy who brushed his teeth with a hammer, ended up with big dental bills. Wonder if the OP is the same guy?
Chart patterns are not the cause; they're the effect. Human behavior hasn't changed and isn't likely to change.
Technical analysis (alone) doesn't work, neither does the other end of that spectrum...whatever that may be. The Yin and Yang of trading falls somewhere in the middle, ideal, spot. Trading is similar to hunting for an animal. Do you just leave a fixed number of traps...and hope and pray it works, or do you actively hunt and understand that animal....or better yet, a combination of both. It's impossible to debate or talk about trading. Both sides will defend their stance no matter what. Similar to politics, sports teams, movies, music...you can debate forever why your stance, perspective, is better than the other person's. Both sides are too close-minded, and proud, to accept defeat and understand the other.
What an impossible number of hodge-podge and baloney... 1. Yeah boss, my trading account would like to disagree, not to mention proving a negative. 2. WTF that means? 3. Now you are just getting philosophical without any meaning. 4. I tend to agree as long as we are shooting them. 5. Traps? wrong example. 6. We are doing it chief. 7. Nope, one side proves it by showing a consistently profitable trading accoutn and the other side (yours) shuts the fuck up. This thread should have been over since my last posts. You idiots could never argue against my points. Get lost loser... I will also put you on Ignore so I am not tempted to respond again.
So not a single person has posted what the thread starter (OP) wanted to see as proof considering the thread starter refuses to define what he/she considers to be proof. That's my point about threads like this. If the thread starter does define what is proof to him/her...another username will quickly show up and say its not proof and wants to see some other type of proof. They are all anonymous and saying Fundamentals is best while they themselves can not post proof that Fundamentals is working for them. Around and around the wheel goes. wrbtrader
Fundamentals drive price action, to frame price action use a 20 day BollingerBand. Long bias when above 20sma and short bias when below 20sma. If only Biden would spend all the taxes recently collected.